Regulatory

FERC Says Ethane an Energy Product, Jurisdictional

FERC on Tuesday affirmed its jurisdiction over the interstate pipeline transport of purity ethane, asserting that the natural gas liquid (NGL) is both a feedstock and a fuel. In doing so it cited "future energy uses" of ethane in a number of proposed liquefied petroleum gas (LPG) projects. Read More

MDU Utility Gets $4.25M North Dakota Gas Rate Hike

Bismarck, ND-based MDU Resources Group's Montana-Dakota Utilities operations received approval Monday from the North Dakota Public Service Commission (PSC) for a $4.25 million (3.9%) annual natural gas rate increase. MDU said it was its first rate hike since 2004. Read More

Pennsylvania Act 13 Ruling Aftermath: Widespread Uncertainty

As a clearer picture emerges from the Pennsylvania Supreme Court's recent ruling that struck down key provisions of the state's most comprehensive oil and gas legislation, the court's decision is likely to have some repercussions for a decade or more, sources say, with the impact extending across the spectrum and touching more than just the pace of the industry's operations in the Marcellus Shale. Read More

Renewed Effort for Oil/NatGas Severance Tax in California

A former hedge fund billionaire and environmental activist is attempting to stir new life into a so-far failed state legislative and ballot initiative effort to impose a severance tax on oil and natural gas production in California, the only fossil fuel-producing state without some sort of production tax. Read More

Obama Taps DC Lawyer to Succeed CFTC's Chilton

President Obama has tapped Sharon Y. Bowen, a partner with the Washington, DC, law firm of Latham & Watkins LLP, to succeed Commissioner Bart Chilton at the Commodity Futures Trading Commission (CFTC). Read More